Date: 2022-07-29Category: Not ApplicableState: Union GovernmentCountry: India
United Nations Security Council Resolutions (UNSCR) 1718 Sanctions Committee on Democratic People’s Republic of Korea (DPRK) amends 44 existing entries on its Sanctions List
**Policy Summary: Amendments to UNSCR 1718 Sanctions List on Democratic People's Republic of Korea (DPRK)**
This circular, RBI2022202396 DOR.AML.REC.5714.06.001202223, issued by the Reserve Bank of India (RBI) on July 29, 2022, addresses amendments to the United Nations Security Council Resolution (UNSCR) 1718 Sanctions List concerning the Democratic People's Republic of Korea (DPRK). It is directed to the Chairpersons and CEOs of all Regulated Entities (REs).
The circular references a previous directive, DoR.AML.REC.0314.06.001202122 dated April 08, 2021, which advised REs to adhere to the Implementation of Security Council Resolution on Democratic People's Republic of Korea Order, 2017, as amended, and to verify the UNSCR 1718 Sanctions List daily. The list is hyperlinked on the Ministry of External Affairs (MEA) website under the "Implementation of UNSC Sanctions DPRK" webpage: https://www.mea.gov.in/ImplementationofUNSCSanctionsDPRK.htm.
The MEA has informed that on July 26, 2022, the UNSC Resolution Committee amended 44 existing entries on its Sanctions List of individuals and entities. These amendments pertain to modifications in the existing entries, specifically changes to address, alias, passport number, date of birth, telephone, fax, email, and IMO number of listed individuals and entities. The updated consolidated Sanctions List is enclosed with the circular.
REs are advised to take note of these instructions regarding the Security Council Resolution on DPRK and ensure meticulous compliance.
Contact Information: Santosh Kumar Panigrahy, Chief General Manager, Department of Regulation, Central Office, Central Office Building, 12th-13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001. Telephone: 22661602, 22601000; Fax: 022-2270 5691.
Key Entities Referenced
United Nations Security Council: An international organization responsible for maintaining peace and security.
UNSCR 1718 Sanctions Committee: A committee of the United Nations Security Council responsible for overseeing sanctions related to Democratic People's Republic of Korea.
Democratic Peoples Republic of Korea: A country subject to sanctions by the United Nations Security Council.
Ministry of External Affairs: The Indian government agency responsible for foreign affairs.
Security Council Resolution on Democratic Peoples Republic of Korea Order, 2017: An order issued by the Central Government regarding Security Council Resolutions on DPRK.
Regulated Entities: Entities regulated by the Reserve Bank of India (RBI).
Santosh Kumar Panigrahy: Chief General Manager at Department of Regulation, Central Office.
Mumbai, Maharashtra: City in India where the Central Office Building, Department of Regulation is located
RBI/2022-2023/96
DOR.AML.REC.57/14.06.001/2022-23 July 29, 2022
The Chairpersons/ CEOs of all the Regulated Entities
Madam/Dear Sir,
United Nations Security Council Resolutions (UNSCR) 1718 Sanctions Committee
on Democratic People’s Republic of Korea (DPRK) amends 44 existing entries on
its Sanctions List
Please refer to our circular DoR.AML.REC.03/14.06.001/2021-22 dated April 08, 2021
advising Regulated Entities (REs) to adhere to the ‘Implementation of Security Council
Resolution on Democratic People’s Republic of Korea Order, 2017’ as amended from
time to time by the Central Government and also verify every day, the ‘UNSCR 1718
Sanctions List of Designated Individuals and Entities‘, as hyperlinked in ‘Implementation
of UNSC Sanctions (DPRK)‘ webpage of the Ministry of External Affairs (MEA) website
at https://www.mea.gov.in/Implementation-of-UNSC-Sanctions-DPRK.htm to take note
of the modifications to the list in terms of additions, deletions or other changes.
2. In this connection, Ministry of External Affairs (MEA) has informed that on July 26,
2022, the Committee established pursuant to UNSC Resolution has enacted the
amendments to 44 entries on its Sanction List of individuals and entities. The changes
have been made only in the existing entries of this Sanction List and pertains to address,
alias, passport no, date of birth, telephone, fax, email, IMO number, etc. of individuals /
entities. The updated consolidated Sanctions List of individuals and entities is enclosed.
3. REs are advised to take note of the aforementioned instructions regarding Security
Council Resolution on DPRK and ensure meticulous compliance.
Yours faithfully,
(Santosh Kumar Panigrahy)
Chief General Manager
Enclosure- As above
िविनयमन िवभाग, क�द्रीय काया�लय, क�द्रीय काया�लय भवन, 12वी/ं 13वी ं मंिज़ल, शहीद भगत िसंह माग�, फोट�, मुंबई- 400001
टेलीफोन/ Tel No: 22661602, 22601000 फै�/ Fax No: 022-2270 5691
Department of Regulation, Central Office, Central Office Building, 12th/ 13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai - 400001
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